Sep, 30, 2025 — PORT WASHINGTON FEDERAL CREDIT UNION is a federal credit union headquartered in PORT WASHINGTON, NY with 0 branch location and about $90.79 million in total assets. Opened 58 years ago in 1968, PORT WASHINGTON FEDERAL CREDIT UNION has about 3,020 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PORT WASHINGTON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 79 main st PORT WASHINGTON, NY 11050 |
| Phone: | (516) 883-3537 |
| Fax: | (516) 883-3513 |
| Website: | https://www.pwfcu.org |
| Branches: | 0 branch locations |
| Members: | 3,020 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18635 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $90,793,580 |
| CEO/Manager: | Michael J Fitzgerald |
| Chairperson: | steven belanich |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,496,146 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 70,937,410 |
| Unsecured Loans | 1,814,260 |
| Other Loans | 1,415,565 |
| TOTAL LOANS | 74,167,235 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -225,466 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 590,484 |
| All Other Assets | 0 |
| TOTAL ASSETS | 90,793,580 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 85,033 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,702 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,978,651 |
| Regular shares | 34,380,477 |
| All Other Shares & Deposits | 36,219,242 |
| TOTAL SHARES & DEPOSITS | 75,578,370 |
| TOTAL LIABILITIES | 75,679,105 |
| Regular Reserve | 0 |
| Other Reserves | 1,352,432 |
| Undivided Earnings | 13,762,043 |
| TOTAL EQUITY | 15,114,475 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 90,793,580 |
| INCOME & EXPENSE | |
| Loan Income | 3,115,817 |
| Investment Income | 336,941 |
| Other Income | 261,978 |
| Total Employee Compensation & Benefits | 455,953 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 363,680 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,200 |
| Cost of Funds | 1,496,983 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,363,186 |
| ↑ Back to Top | |